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Apr 21, 2015
04/15
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ALJAZAM
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china giving 46 billion to build a superhighway, as china steps forward with its deep pockets to the middle east. we'll examine that situation in two minutes. o minutes. >> america is watching with concern as china flexes its economic military and geopolitical muscles all over the world. satellite and aerial photos released in the last several days show that china is building a runway on artificial islands that it's building in the south china sea. defense analysts say the runway is big enough for fighter jets transport planes and surveillance aircraft. as the philippines and the united states begin their largest joint military exercises in 15 years. the exrts exercises evolve 11,000 soldiers and actions in the south china sea have created territorial disputes with countries including the philippines and vietnam. and in pakistan chinese leader xi jinping met with nawaz sharif. china will make tens of billions of lars of dollars of investments in pakistan. nicole johnston has that story. >> high in the mountains close to pakistan china is expanding the world's highest international pa
china giving 46 billion to build a superhighway, as china steps forward with its deep pockets to the middle east. we'll examine that situation in two minutes. o minutes. >> america is watching with concern as china flexes its economic military and geopolitical muscles all over the world. satellite and aerial photos released in the last several days show that china is building a runway on artificial islands that it's building in the south china sea. defense analysts say the runway is big...
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Apr 24, 2015
04/15
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CSPAN3
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china. and their response is generally, well, this is our sovereign territory and stay out of our business, which is for them to enforce their nondash line claim. so the implications are that if this activity continues at pace is that it would give them de facto control, i think, in peacetime of the -- much of the world's most important waterways, where much of the world's economic energy is created. it would -- if they desired, it would in the future give them an opportunity to have outposts to put long-range detective radars in there, a place to put more warships. they could put warplanes to force potential down the road air defense zones. those are the kind of scenarios we have to think about. and it essential complicates the security environment. so far, the asean nations who have tried to work with china on this to develop a code of conduct in my view has not produced very much at all. in fact, you know, the asean is an effective diplomatic organization, but it's not designed to handle
china. and their response is generally, well, this is our sovereign territory and stay out of our business, which is for them to enforce their nondash line claim. so the implications are that if this activity continues at pace is that it would give them de facto control, i think, in peacetime of the -- much of the world's most important waterways, where much of the world's economic energy is created. it would -- if they desired, it would in the future give them an opportunity to have outposts...
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Apr 21, 2015
04/15
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for china, it enables the country to create a shorter and cheaper route to increase china's strategic role in the region. brent: we know that this is a major event for pakistan. you can't help but wonder, what's in it really for china? it knows that pakistan has so many problems, the islamist insurgency terrorism. why would china invest so much in a place that has so much instability? reporter: well, that's the major question a lot of people are asking. security concerns were not ignored. china promised to help pakistan strengthen its ability to fight terrorism. economic worries -- cooperation with security must go hand-in-hand and reinforce each other. now it is up to pakistan to convince the chinese has a handle and can guarantee safety of chinese workers who will be sent here. the promise of such a huge injection of cash may just focus the mind of the government to work a little bit harder, stabilize the country and secure long-term investment. brent: all right. thank you very much. talks between greece and its international creditors lumber on with no resolution inside. both sides
for china, it enables the country to create a shorter and cheaper route to increase china's strategic role in the region. brent: we know that this is a major event for pakistan. you can't help but wonder, what's in it really for china? it knows that pakistan has so many problems, the islamist insurgency terrorism. why would china invest so much in a place that has so much instability? reporter: well, that's the major question a lot of people are asking. security concerns were not ignored. china...
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Apr 16, 2015
04/15
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BLOOMBERG
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charlie: what is your love of china? what is your interest in china? mr. paulson: i spent the time i spent there today i think everyone needs to ask themselves where can i make the biggest difference? the history i have their, the relationships that i built it made me really focus on this. this relationship, the u.s. china relationship, is by far are more still important bilateral relationship. i see this becoming more complex and difficult. during the time i've been working with china, china has emerged as a formidable competitor. it is much more active and muscular on the global stage. i think this consensus that china's rise is good for the united states is beginning to break down. people are saying increasingly why should we be working with china? i look at it and say this is more important than it has ever been. we are going to be competing. there is nothing wrong with healthy competition. we don't want it to devolve into destruction. the important issues i see in the world today, whether they are environmental issues like climate change sustainable g
charlie: what is your love of china? what is your interest in china? mr. paulson: i spent the time i spent there today i think everyone needs to ask themselves where can i make the biggest difference? the history i have their, the relationships that i built it made me really focus on this. this relationship, the u.s. china relationship, is by far are more still important bilateral relationship. i see this becoming more complex and difficult. during the time i've been working with china, china...
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Apr 16, 2015
04/15
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ALJAZAM
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. >> translator: of course the islands are chinas. >> translator: yes, they are chinas. we have been told this since we were kids in school. >> reporter: chen too believes the waters belong to china, but hopes his government keeps talking to his neighbors to find another way to deal with the situation. >> reporter: in china there's a saying, put oil on the fighter. here we have a dispute, we cannot find a way to solve at the moment. and the best way is cool down make it cool down not to put the oil on the fire. in that is not good. >> reporter: but with chinese activity continuing despite objection from its neighbors, you find it hard to believe china's intention to talk and find a common solution. >>> the u.s. armed services committee is holding a hearing to discuss budget requests for u.s. forces operating in this the asia pacific region. rosiland jordan joins us live from washington, d.c. so tell us more about his hearings. >> well, this is part of the regular budget process, and gives different commanders of the different military regions undertaken by the pentagon t
. >> translator: of course the islands are chinas. >> translator: yes, they are chinas. we have been told this since we were kids in school. >> reporter: chen too believes the waters belong to china, but hopes his government keeps talking to his neighbors to find another way to deal with the situation. >> reporter: in china there's a saying, put oil on the fighter. here we have a dispute, we cannot find a way to solve at the moment. and the best way is cool down make it...
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Apr 27, 2015
04/15
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BLOOMBERG
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china's latest data as well. daniel martin will be on with us and 12 minutes time but up next it is china and the hong kong open. ♪ -- in 12 minutes time but up next it is china and the hong kong open. ♪ rishaad: a look at our top stories, the international community is gearing up to send vital aid to nepal where the u.s. says that lies ran at risk after the earthquake. at risk after the earthquake. 19 climbers died on everest and others are cut off by avalanches. companyt asia's biggest posted gains. they are putting this down to a higher interests and a one-off property sale in hong kong. the philippines has called on standast asian nations to up to china in disputed waters. the prime minister telling the meeting that china is poised to have control of potentially rich seas and islands. china is coming on stream, here is david. david: strong out of the dates with the shanghai composite, 44 and 41 or the shanghai composite, up 1%. for the shanghai composite, up 1%. that looks like a disaster waiting to happe
china's latest data as well. daniel martin will be on with us and 12 minutes time but up next it is china and the hong kong open. ♪ -- in 12 minutes time but up next it is china and the hong kong open. ♪ rishaad: a look at our top stories, the international community is gearing up to send vital aid to nepal where the u.s. says that lies ran at risk after the earthquake. at risk after the earthquake. 19 climbers died on everest and others are cut off by avalanches. companyt asia's biggest...
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Apr 17, 2015
04/15
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CSPAN
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china sea, or south china sea. the problem is, our pictures don't keep up with their activities. it is my information that they have now in the last year filled in some 600 acres of land and are constructing runways and possibly artillery and missile defense systems. the congressional research service on april 6, issued a report on this issue and i quote -- " the publicly visible current u.s. strategy from dissuading china to continue its land reclamation activities appears to focus primarily on having u.s. officials make statements expressing the u.s. view that china should stop these activities on the grounds that they are destabilizing and inconsistent with commitments china has made under the nonbinding 2002 doc." do you know anything else about our strategy concerning china's continued expanding and filling in of these areas which are international waters? how great a threat does that appear to you admiral? adm. locklear: as far as long-term threat to our commitment to freedom of the seas --sen. mccain: as far
china sea, or south china sea. the problem is, our pictures don't keep up with their activities. it is my information that they have now in the last year filled in some 600 acres of land and are constructing runways and possibly artillery and missile defense systems. the congressional research service on april 6, issued a report on this issue and i quote -- " the publicly visible current u.s. strategy from dissuading china to continue its land reclamation activities appears to focus...
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Apr 22, 2015
04/15
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ALJAZAM
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and china. the t perform p is the 12th country zone, negotiated now by the united states, japan, australia, canada, mexico and others. in a new sign of the progress made, the u.s. and japan narrows the gaps that stood in the way of a wider trade deal. whatever the motivation, president obama is vasing stiff opposition from his own democratic flank in congress. organised labour and environmental activists from his base insists that free tried deals cost jobs and erode u.s. regulations and point to nafta, which has been in place years. the debate over that is unresolved as to whether it's americans. with the t.p.p. bandied around and the impact on our lives, it's time to revisit benefits and pit falls. >> reporter: the year was 1993. the leaders of the u.s., mexico and canada signed the north american trade agreement. >> it will tear down barriers. >> nafta's goal was to get rid of tariffs on goods traded between the three countries. projections were high, protests loud. 20 years later nafta links
and china. the t perform p is the 12th country zone, negotiated now by the united states, japan, australia, canada, mexico and others. in a new sign of the progress made, the u.s. and japan narrows the gaps that stood in the way of a wider trade deal. whatever the motivation, president obama is vasing stiff opposition from his own democratic flank in congress. organised labour and environmental activists from his base insists that free tried deals cost jobs and erode u.s. regulations and point...
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Apr 15, 2015
04/15
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that is equal to $200 for each person in china. the surging market is increasingly driven by novice investors who spend up to three hours a day, often at work buying and selling shares via his mobile phone. >> translation: i sold my stocks, because i feel market went up too fast and should drop soon. so i want to wait for a while. >> reporter: many other new investors are pensioners, using their life savings to buy stock. many are inexperienced, leaving them vulnerable to shifts in an unpredictable market. >> we have to worry about small investors. we have to remind them of risk. but, right now i see no signs stopping them. >> reporter: this is why many are buying shares. they don't trust the property market, where there's now a chronic oversupply of new homes. so the stock market is the only realistic investment option. he manages a fund on behalf of investors, words $50 million. >> the main reason for the bull market is the huge amount of money flooding into it. all that money is driving the index. this week china's stock market
that is equal to $200 for each person in china. the surging market is increasingly driven by novice investors who spend up to three hours a day, often at work buying and selling shares via his mobile phone. >> translation: i sold my stocks, because i feel market went up too fast and should drop soon. so i want to wait for a while. >> reporter: many other new investors are pensioners, using their life savings to buy stock. many are inexperienced, leaving them vulnerable to shifts in...
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Apr 12, 2015
04/15
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BLOOMBERG
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arnold: there is a lot of work to be done in china. we have to have ports developed so the chinese guests have destinations to go to. but the reality is that it a good market already today. we have four ships there. three on our castle line, one on our princess line. both brands are profitable. the chinese government has declared through their five-year economic plan their intention to develop the cruise industry. so that means a lot of things will happen relatively quickly. we want to be there to help make it happen in a way that we think will help the chinese government establish the cruise industry they want, that will be sustainable for years to come. betty: so how often are you there now? arnold: i have been on the job a year and a half or so, and have already made five trips to china. it's a very active market under development. it's going to take some time. we are very happy with what we have today. but we see it someday being as large as any cruise market in the world. betty: donald says carnival is focusing on one thing the ch
arnold: there is a lot of work to be done in china. we have to have ports developed so the chinese guests have destinations to go to. but the reality is that it a good market already today. we have four ships there. three on our castle line, one on our princess line. both brands are profitable. the chinese government has declared through their five-year economic plan their intention to develop the cruise industry. so that means a lot of things will happen relatively quickly. we want to be there...
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Apr 10, 2015
04/15
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LINKTV
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china sea. it also cites the deployment of an oil rig in waters off islands in the south china sea that are also claimed by vietnam. the report also indicates that the chinese military under xi's leadership is pushing forward reforms aimed at enhancing its combat capabilities. it says chinese troops have taken part in multiple exercises that envision actual warfare. that is in contrast with past drills, which were based on a hypothetical scenario. >>> we asked bonji o'hara about chinese security policies. he's an expert on chinese military. he puts the recent actions of xi jinping's administration into perspective for us. >> china is developing their military capability especially developing modernized equipment like airplanes and ships. but the operational capability is not enough, even now. so now the president xi jinping tried to develop the operation capabilities. there is two reasons. one is the retaliate the united states or deal with u.s. attack china mainland. china is very afraid that t
china sea. it also cites the deployment of an oil rig in waters off islands in the south china sea that are also claimed by vietnam. the report also indicates that the chinese military under xi's leadership is pushing forward reforms aimed at enhancing its combat capabilities. it says chinese troops have taken part in multiple exercises that envision actual warfare. that is in contrast with past drills, which were based on a hypothetical scenario. >>> we asked bonji o'hara about...
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Apr 20, 2015
04/15
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ALJAZAM
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china has been a reliable friend of pakistan, and i think that is known universally. >> the china-pakistan economic corridor revives the old silk road traders used centuries ago. and a nod to the past while developing new industries for the future. nicole johnston, al jazeera, islamabad. >> well, joining us now is andrew small the author of the book the china pakistan access. he's live from washington, d.c. thank you for being on al jazeera. china clearly trying to expand its influence in the region. first of all how does this deal benefit it? and how does it benefit the pakistanis? >> well, from china's perspective it has economic and security needs for this. it's economic model to externalize and it wants to stabilize its periphery. and it's worried about the implications not only from the withdraw of afghanistan but pakistan itself. it wants to do what it can in its western periphery and stabilize its neighborhood. and of course there are large economic benefits too. it wants the growth drivers in west that will connect it's interior to energy supplies and energy markets. >> but the ind
china has been a reliable friend of pakistan, and i think that is known universally. >> the china-pakistan economic corridor revives the old silk road traders used centuries ago. and a nod to the past while developing new industries for the future. nicole johnston, al jazeera, islamabad. >> well, joining us now is andrew small the author of the book the china pakistan access. he's live from washington, d.c. thank you for being on al jazeera. china clearly trying to expand its...
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Apr 23, 2015
04/15
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BLOOMBERG
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you have seen a dollar dominated bond in china and a default in china. do you expect more of that to come? some people think this is a good thing, a little discipline. >> we shouldn't be strangers to debt defaults. overhangs of substantial depth -- debts are not exclusive to china. we have seen when monetary authorities are sufficiently robust as they had been in europe then monetary policy does work. for investors taking longer-term views, perhaps they may have missed the shanghai move. perhaps the way to trade that was with commodity stocks. jonathan: coming up facebook does not like the dollar. we will talk about that. and it is another multibillion-dollar settlement on the horizon for big banking? just maybe. we will talk about that a little later. the ftse 100 higher. a big move on u.k. stocks. another inversion deal. i will try to bring you more details later on the show. we are back in two. ♪ jonathan: u.s. companies let's talk about them. facebook and ebay cited as a cause for concern. >> those sales hit by a stronger dollar, so much that faceb
you have seen a dollar dominated bond in china and a default in china. do you expect more of that to come? some people think this is a good thing, a little discipline. >> we shouldn't be strangers to debt defaults. overhangs of substantial depth -- debts are not exclusive to china. we have seen when monetary authorities are sufficiently robust as they had been in europe then monetary policy does work. for investors taking longer-term views, perhaps they may have missed the shanghai move....
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Apr 8, 2015
04/15
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japanese trust china. but three-quarters said they trust the united states. >>> a crewman aboard one of the largest warships ever built has given himself a new mission. he worked on the flagship of japan's combined fleet and is one of the few people to survive its sinking. he's now set out to make sure future generations never forget the history. nhk world has the story. >> reporter: the yamato sank in waters off southwestern japan in the closing days of world war ii. a memorial service was held on tuesday for victims. members were among those present. >> translator: many of my acquaintances died when the battleship sank. if they were alive, they would have had families pursued various dreams and experienced hardships. the peace we enjoy today is founded on their sacrifice. >> reporter: the yamato was sunk on april 7th, 1945. it was sailing to okinawa to stop u.s. forces from landing. about 270 of the more than 3,300 crew members survived the attack. 7-year-old is one of the survivors. he joined yamato's c
japanese trust china. but three-quarters said they trust the united states. >>> a crewman aboard one of the largest warships ever built has given himself a new mission. he worked on the flagship of japan's combined fleet and is one of the few people to survive its sinking. he's now set out to make sure future generations never forget the history. nhk world has the story. >> reporter: the yamato sank in waters off southwestern japan in the closing days of world war ii. a memorial...
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Apr 3, 2015
04/15
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fareed: there is one problem china has. the great thing about a dictatorship is it effectively implements every policy and it has effectively implemented the one child policy. ♪ charlie: let me go to the middle east today and the negotiations going on now with respect to iran and weaponization. fareed: suppose you don't do a deal with iran. these sanctions are tougher than the old ones but in 2005, we turned down a deal with the iranians. they offered to cap at 164 centrifuges. the bush administration said no, the french said no, the british. iran went from 164 to 20,000. it is an oil-rich country. it makes $50 billion a year. that is a problem if you don't do the deal. the other option is a major military attack. we're talking about weeks it would take to destroy their capability. charlie: the question is can they destroy it or delay it. fareed: if you play through that scenario, unify the country behind a regime. any regime that gets bombed by foreigners, the government tends to get popular. charlie: people become natio
fareed: there is one problem china has. the great thing about a dictatorship is it effectively implements every policy and it has effectively implemented the one child policy. ♪ charlie: let me go to the middle east today and the negotiations going on now with respect to iran and weaponization. fareed: suppose you don't do a deal with iran. these sanctions are tougher than the old ones but in 2005, we turned down a deal with the iranians. they offered to cap at 164 centrifuges. the bush...
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Apr 3, 2015
04/15
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how big is china going to be? arnold: eventually, it will be the largest cruise market in the world. ♪ betty: the cruising industry has built its success in the west, but halfway around the world, there is another market on the horizon that could change the game completely. richard: the demographic shift in china going into the growth of the middle class is one of the biggest single demographic explosions in history. one of the big demographic shifts we have gone through has been the baby boomer generation. it has been an enormous and that bubble has dictated a lot of american industry. what's happening in china today makes that look insignificant. betty: royal caribbean ceo richard fain says that in a few years, the middle class in china will not only be bigger than the middle class in america, but bigger than america. consumer spending in china is expected to increase of about 7% every year. by 2020, the total could be $5.7 trillion. remember the quantum of the seas, the ship with every bell and whistle you ca
how big is china going to be? arnold: eventually, it will be the largest cruise market in the world. ♪ betty: the cruising industry has built its success in the west, but halfway around the world, there is another market on the horizon that could change the game completely. richard: the demographic shift in china going into the growth of the middle class is one of the biggest single demographic explosions in history. one of the big demographic shifts we have gone through has been the baby...
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Apr 17, 2015
04/15
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ALJAZAM
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. >> of course the islands are china's. >> yes, they are china's, we are told this since we were kids. >> chan believes the water belongs to china, but hopes the government takes a queue from them and will find another way to deal with the situation. >> china is saying put oil on fire we have a dispute, we cannot find a way to solve it at the moment. in the best of ways we close down. not oil on the fire that is not good >>> with chinese activity continuing, despite objections from its neighbours many find it hard to believe stated intentions to talk and find a common solution. >>> an associate professor of political science at a university in maryland joins us from baltimore. thank you for joining us welcome to al jazeera. waters are disputed by vietnam, philippines and taiwan, why are the small islands important to china. is it strategic, economic - what is it? >> there are many different factors. the two principal ones are national security in terms of controlling sea lanes. and the other part is the natural resources. china is a factory of the world. they have enormous need for en
. >> of course the islands are china's. >> yes, they are china's, we are told this since we were kids. >> chan believes the water belongs to china, but hopes the government takes a queue from them and will find another way to deal with the situation. >> china is saying put oil on fire we have a dispute, we cannot find a way to solve it at the moment. in the best of ways we close down. not oil on the fire that is not good >>> with chinese activity continuing,...
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Apr 20, 2015
04/15
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ALJAZAM
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china has been far more trustworthy. it is a much more reliable friend of pakistan and i think that is known universally. >> the china-pakistan economic corridor revives the old silk road traders used centuries ago a nod to the past while developing new industries for the future. al jazeera islamabad. >> patty joins us now. what does this massive investment mean for u.s. strategic influence in the region? >> china's infrastructure development is a broader vision that could position china to displace the united states as the dominant regional power in central and south asia. the economic corridor stretches from western china to the deep water port in pakistan, just a little over an hour's drive from iran. in terms of strategic foot holds, it doesn't get much better given its proximity to a major point for 20% of the world's oil traffic. in the early 2000, beijing co developed and assumed control of the port's operations, raising concerns that it could eventually be used by the chinese navy. china's planned investment in p
china has been far more trustworthy. it is a much more reliable friend of pakistan and i think that is known universally. >> the china-pakistan economic corridor revives the old silk road traders used centuries ago a nod to the past while developing new industries for the future. al jazeera islamabad. >> patty joins us now. what does this massive investment mean for u.s. strategic influence in the region? >> china's infrastructure development is a broader vision that could...
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Apr 16, 2015
04/15
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ALJAZAM
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has been worrying about china as a global competitor. but beijing says its economy is slowing down. >> grew by 7% in the first quarter of this year. growth hasn't been that low since the height of the recession. adrian brown is in beijing where he says the news doesn't necessarily spell trouble. >> well 7% economic growth would be the cause for celebration anywhere else in the world. however, china has been used to many higher levels, growth rates of 16, 17, 18% truly stellar rates. but this news is neither good nor bad. but it does confirm that china's economy is beginning to slow. china's premier seems to anticipate this on tuesday when he warned there would be tough times ahead this year. that was very candid language for a chinese prime minister. also on tuesday the international monetary fund warned that china's economic growth rate was likely to contract to 6.8% and in 2016 it could drop to 6.3%. china's economy is going through a period of transition right now. it is moving away from a model that was export led to one that is cons
has been worrying about china as a global competitor. but beijing says its economy is slowing down. >> grew by 7% in the first quarter of this year. growth hasn't been that low since the height of the recession. adrian brown is in beijing where he says the news doesn't necessarily spell trouble. >> well 7% economic growth would be the cause for celebration anywhere else in the world. however, china has been used to many higher levels, growth rates of 16, 17, 18% truly stellar rates....
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Apr 12, 2015
04/15
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territorial limits in the south china sea or the east china sea. so we are going to have to learn to have cooperation and competition with china at the same time. but we come to much to fear as we fear we are in decline. the chinese believe we could get policies that mess up what otherwise is a relation which can be managed. so that is part of what i was trying to get out by writing this book which summarizes some thinking i've been doing about america's role in the world for a much longer time than a mere 100 or 3040 pages in the book get the message about how we think of america's role in the world and how we relate to the country most likely to challenge, it is a message policy makers need to take seriously. thank you for your attention. [applause] >> thank you area much. this is a splendid recounting of your book. i know there's many questions from the audience. i will just get you started if i may. let me just begin by asking a question. how much does our tortured domestic politics shape international perceptions of american power? >> it's a g
territorial limits in the south china sea or the east china sea. so we are going to have to learn to have cooperation and competition with china at the same time. but we come to much to fear as we fear we are in decline. the chinese believe we could get policies that mess up what otherwise is a relation which can be managed. so that is part of what i was trying to get out by writing this book which summarizes some thinking i've been doing about america's role in the world for a much longer time...
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Apr 16, 2015
04/15
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ALJAZAM
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china presses its claim to land in the east china sea. we report on how people in china are reacting to these regional tensions. radio he likes that radio fans are bound by an honor code. he set up a transmitter on the sole with an international group of enthusiasts. waters are claimed by china and the philippines. >> all the radio amateurs in the world have god relationship. wean with the philippines the radio amateurs. >> relations between china and her neighbors aren't do good with smaller companies accusing china of bullying them on overlapping claims. the philippines released surveillance photos saying china is creating 90 on nine separate sites in disputed waters where $5 trillion of u.s. trade passes through every year. china said its projects are for civilian pump and regional development. >> the relevant construction which is reasonable just defined at lawful. it does not target any country and is beyond reproach. >> it's what most people in china believe. >> from a young age, the chinese are taught to be proud of their heritage
china presses its claim to land in the east china sea. we report on how people in china are reacting to these regional tensions. radio he likes that radio fans are bound by an honor code. he set up a transmitter on the sole with an international group of enthusiasts. waters are claimed by china and the philippines. >> all the radio amateurs in the world have god relationship. wean with the philippines the radio amateurs. >> relations between china and her neighbors aren't do good...
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Apr 20, 2015
04/15
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ALJAZAM
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china is a much more reliable friend of pakistan, and that is known universally. >> the china-pakistan economic corridor revives the old silk road traders used centuries ago. and a nod to the past while developing new industries for the future. nicole johnston, al jazeera f islamabad. >> in the eastern of city of wafang that means kite, hundreds gather for the celebration. >> a swath of color against gray skies. a sign of better days ahead. nothing can stop kite enthusiasts from ushering in the spring. it's where kites were invented years ago as an instrument of war. >> the difference between chinese kites and foreign kites is overseas they use big blocks of color and focus on flying while chinese kites focus on the shape and colors. >> it's a traditional art former form that he has turned into a business. using the strongest bamboo as framework and canvas of silk for painting. when completed each kite will tell a story with shapes and colors spoke to go harmony prosperity and long life. they become flying works of art. >> many come every year for the kite festival all vying for the ho
china is a much more reliable friend of pakistan, and that is known universally. >> the china-pakistan economic corridor revives the old silk road traders used centuries ago. and a nod to the past while developing new industries for the future. nicole johnston, al jazeera f islamabad. >> in the eastern of city of wafang that means kite, hundreds gather for the celebration. >> a swath of color against gray skies. a sign of better days ahead. nothing can stop kite enthusiasts...
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Apr 21, 2015
04/15
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FBC
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is it time to bet on china? or is china a bust? let us bring back our panel. adam shapiro, what do you think? >> personally i like to stay in the united states but you can't ignore mobius. he said buy russia a year ago. he made the right call on that despite all the problems russia faces. you should listen to him about china. if you're eccentric to the u.s., you can stay safe but you won't make a lot of money. liz: iron ore prices are indication how much china is building up. they're building skyscrapers. apparently with, something short of a collapse, this is dire for australia which exports iron ore to china. does this, doesn't that tell you that china is not growing? >> look, china's economy is slowing down rapidly. here is the biggest problem with it is, you don't know exactly how much it is slowing down. the problem you can't trust data out of china. liz: hence, look at iron ore numbers. >> right. you know something is happening. they say they have 7% gdp growth it could be lower. that is the problem with investing in china. you have no visibility what is
is it time to bet on china? or is china a bust? let us bring back our panel. adam shapiro, what do you think? >> personally i like to stay in the united states but you can't ignore mobius. he said buy russia a year ago. he made the right call on that despite all the problems russia faces. you should listen to him about china. if you're eccentric to the u.s., you can stay safe but you won't make a lot of money. liz: iron ore prices are indication how much china is building up. they're...
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Apr 10, 2015
04/15
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KCSM
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all areas in the south china sea. the philippines and vietnam dispute that claim. and officials in the u.s. have also expressed concern over the issue. >>> nigerians are living under a daily threat of violence from the boko haram group. the country's incoming president has vowed to get tough since winning last month's election. but some people feel their only choice is to flee. a boy who made a narrow escape met with nhk world's correspondent and shared his story. >> reporter: this is a refugee camp in chad. neighboring nigeria. a steady stream of new arrivals seek shelter here from boko haram. many of the children are suffering from malnutrition. the islamic militant group has been fighting government forces in northeastern nigeria. boko haram's cruelty to children is startling. not only does it kidnap children to use as fighters and slaves it also forces them to become suicide bombers. this 16-year-old boy is a refugee here. he escaped from a village in northeastern nigeria. >> reporter: >> reporter: boko haram memb
all areas in the south china sea. the philippines and vietnam dispute that claim. and officials in the u.s. have also expressed concern over the issue. >>> nigerians are living under a daily threat of violence from the boko haram group. the country's incoming president has vowed to get tough since winning last month's election. but some people feel their only choice is to flee. a boy who made a narrow escape met with nhk world's correspondent and shared his story. >> reporter:...
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Apr 19, 2015
04/15
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CNNW
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is not china. not at all. the greatest threat is our own political inability to deal with the sorts of things we need to deal with to strengthen and revitalize our economy, and restore its competitiveness. and so to me what do we need to do to revitalize our economy? it's not just education and training. we need a tax system to allow our companies to be competitive. we need a federal income tax system that lets us raise the money we need. and while creating jobs. we need to be aggressive in terms of trade policy. china is leading in the trade area. and the last thing i would say is for all those that are rooting against china be careful what you root for because all of our economic issues become greater if you don't have china contributing to global growth. >> hank paulson, evan osnos, terrific conversation. thank you so much. next on "gps," another secretary of the treasury this time from the other side of the aisle. he will give us his take on the u.s. economy. larry summers when we come back. â™
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Apr 16, 2015
04/15
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KQED
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china? >> yes. the thread, it is all china. >> rose: what is your love of china. >> rose: what is your affection for china? >> well -- >> rose: what is your interest in china? >> so let me -- the reason i spend the time i spend there today because i think everyone needs to ask themselves where can i make the biggest difference? and the history i have there, the relationships that i built and, you know, made competent really focus on, this and then i said this relationship, the u.s. china relationship is, i believe, by far our most important bilateral relationship, and i see this becoming more complex and difficult, because during the time i have been working in china, china has now emerged as a formidable competitor. it is much more active and pus dollar on the global stage, and so i think this consensus that china's rise is a good for the united states is be going break down. and people are saying increasingly why should we be working with china? and i look at it and say this is more import
china? >> yes. the thread, it is all china. >> rose: what is your love of china. >> rose: what is your affection for china? >> well -- >> rose: what is your interest in china? >> so let me -- the reason i spend the time i spend there today because i think everyone needs to ask themselves where can i make the biggest difference? and the history i have there, the relationships that i built and, you know, made competent really focus on, this and then i said this...
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Apr 20, 2015
04/15
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ALJAZAM
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china's economy is slowing. also the government is intensifying campaign against corruption is hitting the premium market and means government officials no longer want to be seen driving around in luxury cars and hastily selling them off. also local governments including shanghai limiting the new cars they allow on the road to help curb china's chronic pollution problem and there is a puritanical feel for the show scantily clad models are banned and this year they are wearing clothes and authorities are also banning children in the interest of safety so the focus is much more on auto than on show. >>> now china officially welcomes spring this week and in the eastern city of way fang means one thing, yes, kites, hundreds have gathered to take part in the celebrations and we were there. >> reporter: an swath of color against gray sky a sign of better days ahead, nothing can stop kite enthusiasts from ushering in the spring where kites originated thousands of years ago as an instrument of war but it has become a sp
china's economy is slowing. also the government is intensifying campaign against corruption is hitting the premium market and means government officials no longer want to be seen driving around in luxury cars and hastily selling them off. also local governments including shanghai limiting the new cars they allow on the road to help curb china's chronic pollution problem and there is a puritanical feel for the show scantily clad models are banned and this year they are wearing clothes and...
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Apr 19, 2015
04/15
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CNNW
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inside china. and a lot of people, they can't get the cutting-edge technology, which we don't teach in college at all. so the human resource problem and the manpower problem is more and more -- getting more and more serious here in china. >> because everyone's going to the silicon valley? >> they offer better. obviously. oh, here are the -- >> these are the famous ribs? >> yes. >> maybe the number one thing that the seriously food-crazed traveler coming back from shanghai will tell you to eat other than the soup dumplings, of course? zeran paigu. or simply, cumin ribs. ♪ ♪ it takes two cooks working at once to make this dish. one deep fries the ribs in hot oil until just right. another toasts the ginger, cumin and other spices in a wok. and then in go the ribs. and if you are a devotee of what's called wok-hei, you sit as close to the kitchen as possible to capture that elusive fast-dissipating breath flavor of the wok itself. toss them around, coating those bones with all that good stuff, then
inside china. and a lot of people, they can't get the cutting-edge technology, which we don't teach in college at all. so the human resource problem and the manpower problem is more and more -- getting more and more serious here in china. >> because everyone's going to the silicon valley? >> they offer better. obviously. oh, here are the -- >> these are the famous ribs? >> yes. >> maybe the number one thing that the seriously food-crazed traveler coming back from...
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Apr 28, 2015
04/15
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ALJAZAM
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china has benefited from it. it's on that basis that china became an economic juggernaut that ended up being incorporated into global trade. and so no we don't think that a strong u.s. japan alliance should be seen as a provocation. it should be seen as a continuation of the important work that we have done to ensure that you have a stable area, where there are diplomatic conflicts, healthy economic competition, but largely, that we have been able to maintain forward progress for a whole host of nations, and our treaty alliances have been critical to that. the u.s. serving as an asia pacific power has been critical to that. and as i said before we welcome china's peaceful rise. we think it's good not only because china is a booming potential market we think it's good not only because it allows china potentially to share some burdens with us in helping countries that are not as far along develop, but we think it's just good that hundreds of millions of chinese citizens have been able to rise out of poverty at incr
china has benefited from it. it's on that basis that china became an economic juggernaut that ended up being incorporated into global trade. and so no we don't think that a strong u.s. japan alliance should be seen as a provocation. it should be seen as a continuation of the important work that we have done to ensure that you have a stable area, where there are diplomatic conflicts, healthy economic competition, but largely, that we have been able to maintain forward progress for a whole host...
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Apr 20, 2015
04/15
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BLOOMBERG
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china officially in stimulus mode. certainly this helps stabilize the picture, but we are seeing the environment remains tight. what matters is whether the real economy is getting stimulated. that is what we have to see. at thatll have a look story. we want your opinion. do tweet us your thoughts. greece while remaining defiant, creditors are pushing up pressure for a deal. canzone is demanding they deliver by mid-may. that would be designed to unlock new aid payments and avoid a default. it is essentially looking like the endgame. is it crunch time? asked the pressure is on. there are talks over the weekend between greece and its creditors, but a lot going on this week as well. greece needs to repay about 80 million euros of interest in bonds held by the ecb, and on friday the finance ministers from the euro zone area meet. the dutch minister that leads the group wants to step back from this game of chicken, and it will be a chance to lay a path for a may agreement. one way greek minister tsipras can show he is seriou
china officially in stimulus mode. certainly this helps stabilize the picture, but we are seeing the environment remains tight. what matters is whether the real economy is getting stimulated. that is what we have to see. at thatll have a look story. we want your opinion. do tweet us your thoughts. greece while remaining defiant, creditors are pushing up pressure for a deal. canzone is demanding they deliver by mid-may. that would be designed to unlock new aid payments and avoid a default. it is...
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Apr 22, 2015
04/15
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MSNBCW
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the china we dealt with in 1994 is a lot different than the china today. you talk to -- >> bill clinton is for it now. >> you talk to our best companies, our googles our apples, our microsofts. that will say nothing. but when you talk to some of these companies -- i'm not saying these three. but our best companies will tell you china steals their property and keeps them out. and then manufactures it -- they manufacture it themselves, and then they send it here using currency manipulation to get an artificially low price. >> last word from the president repeating what he said last night, if we get out of this business of trade expansion, we turn it over to the chinese. we could go to war with china nor effectively. your thoughts? >> chris, if we don't do currency, we're turning over our economy to the chinese. the way we have turned over the low-end stuff, we will turn over the high-end stuff. and i feel a passion about this. it's not political for me. it's substantive. i truly believe that america's greatness and billions and billions of dollars of our wea
the china we dealt with in 1994 is a lot different than the china today. you talk to -- >> bill clinton is for it now. >> you talk to our best companies, our googles our apples, our microsofts. that will say nothing. but when you talk to some of these companies -- i'm not saying these three. but our best companies will tell you china steals their property and keeps them out. and then manufactures it -- they manufacture it themselves, and then they send it here using currency...
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Apr 6, 2015
04/15
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BLOOMBERG
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angie: how has china played a role? zeb: china is a major contributor, the world's largest reserve and treasury. china along with commodity producers have contributed to these and china has cut stockpile by $4 trillion in december. trillion.down to $3.8 russia not far behind, saudi arabia and japan morning through an average of $10 billion in reserves in august -- burning through an average of $10 billion in reserves in august to stop volatility. angie: other stories we are tracking, saudi arabia has raised oil prices for asia. thiscut prices earlier year to compete with latin america, africa, and russia. now there is a discount for arab light crude which has been weeks since december. they are producing a record 10 billion barrels of oil a day. vietnam's prime minister may be forced to water down laws designed to shore up the pension system. moreactories employing than -- four factories employing more than 9000 workers shut down for worker protests. the new law prevents people from being eligible for a lump sum payment
angie: how has china played a role? zeb: china is a major contributor, the world's largest reserve and treasury. china along with commodity producers have contributed to these and china has cut stockpile by $4 trillion in december. trillion.down to $3.8 russia not far behind, saudi arabia and japan morning through an average of $10 billion in reserves in august -- burning through an average of $10 billion in reserves in august to stop volatility. angie: other stories we are tracking, saudi...
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Apr 15, 2015
04/15
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LINKTV
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china's new car sales were up only by 3.3% from a year earlier. that's in contrast to the nearly 10% year-on-year growth the country saw before. experts say chinese consumers have been increasingly wary about buying high priced products as its economy slows. chinese exporters of inexpensive consumer goods have become less competitive due to rising labor costs. furthermore, real estate investment which have bolstered china's economic growth in past years have been in a slump. >> what's china's government saying about its slowing gdp figure. >> it hasn't had a big reaction. >> translator: i think this kind of slow down is very normal. now that china's economy is entering the phase of the new normal, the slower pace of growth will help with structural changes to some extent. >> last month the chinese government lowered its growth target for 2015 to around 7%. that's 0.5 over percentage point lower than last year's number. many years of high economic growth generated a pile of social programs including serious air pollution prompting officials to lowe
china's new car sales were up only by 3.3% from a year earlier. that's in contrast to the nearly 10% year-on-year growth the country saw before. experts say chinese consumers have been increasingly wary about buying high priced products as its economy slows. chinese exporters of inexpensive consumer goods have become less competitive due to rising labor costs. furthermore, real estate investment which have bolstered china's economic growth in past years have been in a slump. >> what's...
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Apr 21, 2015
04/15
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ALJAZAM
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china giving 46 billion to build a superhighway, as china steps forward with its deep pockets to the middle east. we'll examine that situation in two minutes. >> the new al jazeera america primetime. get the real news you've been looking for. at 7:00, a thorough wrap-up of the day's events. then at 8:00, john seigenthaler digs deeper into the stories of the day. and at 9:00, get a global perspective on the news. weeknights on al jazeera america. >> al jazeera's investigative unit has tonight's exclusive report. >> from coast to coast. >> people selling fresh water for fracking. >> stories that have impact. >> we lost lives. >> that make a difference. >> senator, we were hoping that we could ask you some questions about your legal problems. >> that open your world. >> it could be very dangerous. >> i hear gunshots. >> a bullet came right there through the window. >> it absolutely is a crisis. >> real reporting. >> this is what we do. >> america tonight. tuesday through friday. 10:00 eastern. only on al jazeera america. >> america is watching with concern as china flexes its economic,
china giving 46 billion to build a superhighway, as china steps forward with its deep pockets to the middle east. we'll examine that situation in two minutes. >> the new al jazeera america primetime. get the real news you've been looking for. at 7:00, a thorough wrap-up of the day's events. then at 8:00, john seigenthaler digs deeper into the stories of the day. and at 9:00, get a global perspective on the news. weeknights on al jazeera america. >> al jazeera's investigative unit...
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Apr 20, 2015
04/15
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BLOOMBERG
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china's biggest motor show is set to open. billion-dollar baby. furious seven could drive a record-breaking summer at the box office. and north korean officials say kim jong-un has scaled the highest peak in the country. >> asian stocks today trending lower, falling -- causing -- following a selloff in the u.s.. leaders are fleeing into stimulus mode. shanghai rising 1% for the first -- for the third consecutive day. people are saying, analysts are saying that this uncertainty over the chinese stock market is weighing down on shares. south korea's indexes all the -- index is also down. rishaad: for those unconvinced by china's stimulus a chinese economist joins us from beijing. what is the motivation behind all of this? >> i think there is two factors at work. firstly, as a practical matter, china is seeing funds flow out of the economy. affect reserves are -- for exchange reserves are shrinking so lowering the reserve requirement ratio is necessary just to replace the funds that are leaving. secondly, the bigger consideration for chinese leaders,
china's biggest motor show is set to open. billion-dollar baby. furious seven could drive a record-breaking summer at the box office. and north korean officials say kim jong-un has scaled the highest peak in the country. >> asian stocks today trending lower, falling -- causing -- following a selloff in the u.s.. leaders are fleeing into stimulus mode. shanghai rising 1% for the first -- for the third consecutive day. people are saying, analysts are saying that this uncertainty over the...
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Apr 16, 2015
04/15
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ALJAZAM
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we use philippine materials. >> reporter: relations with china is not good, with many accusing china of bullying them. the phil eens say china is building installations and creating islands op nine sites in disputed water, waters where $5 trillion of trade passes through each year. china says the projects are for civilian purposes and development. >> the relevant construction justified and laugh is within china's sovereignty. it does not impact or talk to any country. it is beyond reproach. >> it's what most in china believe. >> from a young age the chinese are taught to be proceed of their heritage that they life in the center kingdom, the center of the world. part of that is ownership over the shouth china sea. >> reporter: many are unaware that the matter has been brought to an international tribal. >> of course the islands are chinas. >> yes, they are chinas. we've been told this since we were kids in school. >> they believe the waters belong to china, but hopes the government takes a queue from the hobby, talking to the neighbours to find i don't remember way to deal with the si
we use philippine materials. >> reporter: relations with china is not good, with many accusing china of bullying them. the phil eens say china is building installations and creating islands op nine sites in disputed water, waters where $5 trillion of trade passes through each year. china says the projects are for civilian purposes and development. >> the relevant construction justified and laugh is within china's sovereignty. it does not impact or talk to any country. it is beyond...
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Apr 13, 2015
04/15
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BLOOMBERG
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equities and then china h and now china h. most likely china h getting to around 16, 17 times. and then taiwanese or korean shares. but for now, up until it is shares50 times, china h have a way to run. rishaad: web seen a big rally by european stock market, does it translate to some of that money comes off the table? nader naeimi: absolutely. that is a good chance. i expect the european equities to continue to perform solidly. we are seeing really improvement and fundamentals in europe. at the same time, the first now a newmes and environment and a bit of violation gap in asian countries. trends in the the u.s. dollar, is it stabilizes or favorown, it would also asian markets. some rotation out of europe. and asia and potentially emerging markets, it would in ibs surprise this coming quarter. -- it would not be a surprise in this coming quarter. theaad: when you talk about u.s. dollar, it has an effect on emerging markets area -- markets. tom switzer: apps -- nader naeimi: absolutely. the u.s. dollar is one of the most important drivers. quasi-tightening across the world in pa
equities and then china h and now china h. most likely china h getting to around 16, 17 times. and then taiwanese or korean shares. but for now, up until it is shares50 times, china h have a way to run. rishaad: web seen a big rally by european stock market, does it translate to some of that money comes off the table? nader naeimi: absolutely. that is a good chance. i expect the european equities to continue to perform solidly. we are seeing really improvement and fundamentals in europe. at the...
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Apr 20, 2015
04/15
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CSPAN3
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china. i've said on many occasions that a china that would -- the china with a military that would come forward as a net provider of security rather than a net user of security would be beneficial to not only the region but would be beneficial to us as well. and i think that's an achievable goal. i think it has to be looked at how do we deal with china globally and global institutions from their role in the united nations to how they're behaving and conducting themselves in other regions of the world and how we interact with them there. i also think it will require us to have a pinpoint focused on how we see their influence in this region, that we have been talking about today primarily east -- southeast asia, northeast asia. and to understand we have to try to understand what their side of the equation is. and to be honest with you some of the things they have done aren't quite clear today. so, you know we always get a debate about whether we should continue mill to mill, if we're unhappy w
china. i've said on many occasions that a china that would -- the china with a military that would come forward as a net provider of security rather than a net user of security would be beneficial to not only the region but would be beneficial to us as well. and i think that's an achievable goal. i think it has to be looked at how do we deal with china globally and global institutions from their role in the united nations to how they're behaving and conducting themselves in other regions of the...
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50
Apr 19, 2015
04/15
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BLOOMBERG
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china following along. christine: this is the second time the central bank has cut the rate this year on top of the two rate cut that to rate cuts. still pretty high by global standards. of course $200 billion and the market. this cut is much bigger than what most people expected, although most people did expect racial cuts. -- expect cuts. our banks going to use this extra liquidity to lend to private businesses and small and medium-sized businesses? right now with economic slowdown, many find risks for businesses. this may not flow into the economy as much as bank wants to see. how much of this liquidity is going to end up stoking the already red-hot market? those are still some questions that need to be answered. china has the tools to support growth and they will use it if needed. these moves may actually be more stabilizing at the moment, rather than actually stimulating the economy. angie: what about home prices? are we seeing a turning point here? christine: we did see new in 49 out of 17 cities trac
china following along. christine: this is the second time the central bank has cut the rate this year on top of the two rate cut that to rate cuts. still pretty high by global standards. of course $200 billion and the market. this cut is much bigger than what most people expected, although most people did expect racial cuts. -- expect cuts. our banks going to use this extra liquidity to lend to private businesses and small and medium-sized businesses? right now with economic slowdown, many find...
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124
Apr 11, 2015
04/15
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ALJAZAM
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china's estimates owner ten times higher. asia's insatiable demand for energy is pushing exploration further offshore including to the spratleys, where china has been building artificial islands to anchor its demand. >> what if they held an election and nobody came? >> and chernobyl 29 years after the explosion. xplosion. >> tsarnaev'ssudan's elections get underway next week. >> due to a beings boycotts, it is expected that the president will retain election. natasha guinane has the story. >> independent candidate hasn't spent one day campaigning. he tried to stage a strike with the other presidential candidates at the national election commission. his goal was concerns about the elections not being free or fair. but he was the only candidates who showed up. knowledge. >> translator: i agree with people who say that the elections are be rigged but i ran anyway for two reasons. to promote my plan offering practical solution he to the problems and to draw attention to the potential of election fraud. >> reporter: these three pr
china's estimates owner ten times higher. asia's insatiable demand for energy is pushing exploration further offshore including to the spratleys, where china has been building artificial islands to anchor its demand. >> what if they held an election and nobody came? >> and chernobyl 29 years after the explosion. xplosion. >> tsarnaev'ssudan's elections get underway next week. >> due to a beings boycotts, it is expected that the president will retain election. natasha...
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86
Apr 15, 2015
04/15
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BLOOMBERG
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made in dealing with china. former treasury secretary hank paulson joining peter cook, laying out the mistakes that the u.s. has made with china. google calling the antitrust charges facing europe off the mark. regulators say the company is abusing dominance in the search engine market. google favors its own comparison shopping service above rivals. the
made in dealing with china. former treasury secretary hank paulson joining peter cook, laying out the mistakes that the u.s. has made with china. google calling the antitrust charges facing europe off the mark. regulators say the company is abusing dominance in the search engine market. google favors its own comparison shopping service above rivals. the
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Apr 12, 2015
04/15
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BLOOMBERG
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gdp for china coming out. youyou say based on what have seen is that things are worse than what the data reveals? >> that is right. there's a profitability measure. it gives you a daily count of it would bp.e the number has been falling sharply. normally in march -- what happens is you get back from the chinese new year. that lasted all of around one this year. it is going down and hitting new lows. we are seeing the domestic economy, especially still demand is extremely weak right now. >> all right. thanks for that very insightful visit into china. that is kenneth hoffman for our bloomberg subscribers out there. next, one of the most efficient cyber hacking campaigns is revealed. security companies tell us who is likely to be targeted next. ♪ >> checking other stories making headlines around the world come at militants have bond a police station and an armored vehicle in an egypt region. killing at least 14 people. most of the dead were in egyptian police. it is a group that has declared allegiance to so-ca
gdp for china coming out. youyou say based on what have seen is that things are worse than what the data reveals? >> that is right. there's a profitability measure. it gives you a daily count of it would bp.e the number has been falling sharply. normally in march -- what happens is you get back from the chinese new year. that lasted all of around one this year. it is going down and hitting new lows. we are seeing the domestic economy, especially still demand is extremely weak right now....
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Apr 27, 2015
04/15
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CSPAN
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he mentioned china a grand total of once. china looms large in this. they are growing influence in our hemisphere and growing in places like africa. is becoming a big deal and becoming a concern. their activities in the south china sea have become a point of concern for just about every other nation that borders the south china sea and has some sort of territorial claim there. if something really awful happens to the world, that might be the flashpoint. host: new york is up next. ron is on a line for democrats. do i get the sound right? caller: yes, absolutely. it is right in the middle of long island. my question relates to the arbitration clause that is part of tpp. i'm not sure people are aware of the fact that the arbitration clause would allow foreign entities and corporations to supersede and bypass american laws, especially environmental law at the local level. and rather than going and bring the action in a court to the united states, it would go before arbitration boards. many people feel that the arbitrators on the board will be packed by a v
he mentioned china a grand total of once. china looms large in this. they are growing influence in our hemisphere and growing in places like africa. is becoming a big deal and becoming a concern. their activities in the south china sea have become a point of concern for just about every other nation that borders the south china sea and has some sort of territorial claim there. if something really awful happens to the world, that might be the flashpoint. host: new york is up next. ron is on a...
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Apr 1, 2015
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and china will benefit. but all the other countries, more than 65 countries around -- along this one belt one road. >> reporter: a final list of founding members will be decided in about two week's time. beijing is calling on nations that have been dragging their feet to join to the new bank. naoki mack atta, nhk world, beijing. >>> japanese government officials plan to hold off on joining the aiib for now. i spoke earlier with nhk world's senior commentator to find out why. akihiro spent two years in beijing covering china's economy. he cites concerns about governance as the reason for japan's hesitation. >> chinese officials say the aiib will be based in beijing, and is expected to have $100 billion in capital. they say china can provide up to half the funding. it's clear the country will have a big say in how the bank is run. japanese officials mainly from the finance ministry want the aiib to have a board of directors in order to increase transparency. they believe a board would be useful to impartially
and china will benefit. but all the other countries, more than 65 countries around -- along this one belt one road. >> reporter: a final list of founding members will be decided in about two week's time. beijing is calling on nations that have been dragging their feet to join to the new bank. naoki mack atta, nhk world, beijing. >>> japanese government officials plan to hold off on joining the aiib for now. i spoke earlier with nhk world's senior commentator to find out why....
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Apr 20, 2015
04/15
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he said china is concerned about indian inflewens. >> pakistan and china have had a long term relationship. basically, beijing is using islamabad to keep india off balance because the chinese are really concerned about the indians. this new corridor is essentially going to cut off the straightt straits of malakaa choke point china has been concerned about. they can avoid that. also, the chinese economy right now is in distress perhaps contracting in reality so they can see economic opportunity in pakistan with development there are insurgency. in gwada, you have those opposed to the chinese and at the northern end, you have the wegers. what they call east turkastan repuckch publicblic and it goes into chooirn at a place that india disputes so you have problems at both ends of the corps dor. the reason why china has not developed this corridor earlier is because all of the problems at both ends. >> the center part in the finland won the parliamentary election. millionaire businessman cipal who leads the seller party will become finland's next prime minister. the party won 49 seats in the 20
he said china is concerned about indian inflewens. >> pakistan and china have had a long term relationship. basically, beijing is using islamabad to keep india off balance because the chinese are really concerned about the indians. this new corridor is essentially going to cut off the straightt straits of malakaa choke point china has been concerned about. they can avoid that. also, the chinese economy right now is in distress perhaps contracting in reality so they can see economic...